Overview
What is Home Meals Delivery Inc?
Home Meals Delivery Inc, situated in Richmond, Kentucky, is a nonprofit organization that demonstrated its commitment to assisting vulnerable populations in 2022 by delivering approximately 50-60 meals daily. Their primary mission is to extend nutritious meals to low-income individuals and families at minimal or no cost to them. By providing this essential service, Home Meals Delivery Inc plays a significant role in alleviating food insecurity within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating. This rating reflects a focus on accountability and finance, with the overall score derived from a single beacon score specifically in this area. A score of 77 suggests that Home Meals Delivery Inc is performing adequately, but there are areas that could benefit from improvement.
One of the organization's strengths is its governance structure, which boasts a fully independent board with 12 members, earning top marks for board independence. Additionally, the charity has demonstrated strong financial measures with an impressive program expense ratio of 89.16%, indicating a high percentage of funds directed towards its programs rather than administrative costs. The absence of any material diversion of assets also highlights a commitment to financial integrity.
However, there are notable limitations in terms of policies and documentation. The organization lacks a whistleblower policy and a document retention and destruction policy, which are crucial for operational transparency and risk management. Furthermore, the absence of documented board meeting minutes raises questions about the governance process. These gaps suggest that while the charity is on solid financial footing, it could enhance its accountability by addressing these governance shortcomings.
This AI summary has been generated from information found on Charity Navigator.
Is Home Meals Delivery Inc legitimate?
Home Meals Delivery Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home Meals Delivery Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Home Meals Delivery Inc?
Home Meals Delivery Inc's mission is centered around providing nourishment for individuals and families in financial need. They offer meals at minimal or no cost, striving to alleviate hunger within their community. In 2022, they served between 50 and 60 meals daily to those in need. The organization's primary goal is to ensure that no one goes hungry due to financial constraints.
Who is the CEO of Home Meals Delivery Inc?
Keith Flowers is the President of Home Meals Delivery Inc.
What is the revenue of Home Meals Delivery Inc?
Home Meals Delivery Inc's revenue in 2022 was $54,198.
Who are the executives of Home Meals Delivery Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Home Meals Delivery Inc?
Home Meals Delivery Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Home Meals Delivery Inc
Home Meals Delivery Inc, as a nonprofit organization, is dedicated to serving low-income individuals and families by providing them with meals at minimal or no cost. Its mission is centered around alleviating food insecurity, ensuring that those in need have access to nutritious meals on a daily basis. In 2022, the organization provided an average of 50-60 meals daily to individuals who are struggling financially and facing food scarcity.
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Impact
August, 2024
Home Meals Delivery Inc makes a significant impact by providing meals to low-income individuals and families in need in the city of Richmond, KY. They deliver anywhere from 50-60 meals a day to those who are hungry and struggling. Through their mission, they ensure that vulnerable members of the community have access to nutritious food at little or no cost to them. This initiative plays a crucial role in addressing food insecurity and enhancing the well-being of those facing financial difficulties in Richmond.
This information is meant to be a general summary of Home Meals Delivery Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $35,549
- Program Service Revenue: $2,295
- Gross Receipts: $96,101
Assets and Liabilities:
- Total Assets: $687,160
- Total Liabilities: $0
- Net Assets: $687,160
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NOMINAL FEES FOR MEALS
Revenue
$2,295
Organization Details
Founding Year
1980
Phone
(859) 661-5101Principal Officer
Keith Flowers
Main Address
22 FOUNTAIN CIR, RICHMOND, KY, 40475
NTEE Category
Code: K30 - Food
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